How long after selling Bitcoin can you withdraw the funds to your bank account?

3 answers

• Dec 18, 2021 · 3 years ago
  The time it takes for the funds from selling Bitcoin to be available for withdrawal to your bank account can vary depending on several factors. In general, it can take anywhere from a few minutes to a few hours for the transaction to be confirmed on the blockchain. Once the transaction is confirmed, it may take an additional 1-3 business days for the funds to be credited to your bank account. However, please note that these timeframes can vary depending on the exchange you are using and the processing times of your bank.
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• Dec 18, 2021 · 3 years ago
  When you sell Bitcoin, the funds are typically held in your exchange account until the transaction is confirmed on the blockchain. This confirmation process can take some time, usually a few minutes to a few hours. Once the transaction is confirmed, the funds will be available for withdrawal. The time it takes for the funds to reach your bank account after withdrawal depends on your bank's processing times, which can range from 1-3 business days.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, after selling Bitcoin, the funds are usually available for withdrawal to your bank account within 1-3 business days. This timeframe includes the time it takes for the transaction to be confirmed on the blockchain and for the funds to be processed by your bank. However, please note that the actual time may vary depending on the current network congestion and the processing times of your bank. It's always a good idea to check with your bank for more specific information on their processing times for cryptocurrency withdrawals.
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